Page 41 - Mutual Funds

Why individual investors' share in mutual funds assets is surging

Nearly six rupees out of every ten in individual MF investments are in equity schemes

Global mutual fund schemes resurrect as outflows create headroom

Investors have pulled out Rs 875 crore between April and June from these schemes amid tax changes

Mutual funds load up on defensives in June, book profits in financials

MFs were low on deployment of funds in the equity market in June as they invested a net of Rs 5,664 crore in a rising market scenario

Putting all eggs in one basket

The dominance of banks in the mutual fund space raises questions about financial stability that require careful examination

Smallcap fever lifts inflows into equity MFs despite redemption surge

Investors pump in record Rs 5,470 crore into smallcap schemes in June

What are FPIs and mutual funds buying and how should you ride the bull run?

Market rally turning broad based in terms of number of stocks outperforming the benchmark index

Nippon Life India Mutual Fund restricts flows into smallcap fund

Cites recent sharp rally in the small cap space, says move will lead to gradual deployment of corpus

Sebi pause on 'total expense ratio' sets off rally in AMC shares

Sebi chairperson says industry will be pleased with the fresh proposal

Sebi sees no need for more time to MFs for realigning portfolios in HDFC

The market regulator Sebi does not see any need for giving more time to mutual fund houses with large holdings in the merger-bound HDFC twins, to realign their portfolios post-merger since there's no material data and given the highly liquid nature of these stocks demanding such an extension. In the biggest merger in the history of India Inc, HDFC in April 2022 said it would merge with its own banking subsidiary in a USD 40-billion all-stock deal -- after 46 years of being a home loan financier and in between creating the country's largest private sector bank and four other financial sector brands in the insurance, AMC and brokerage businesses. And this Tuesday (June 27), HDFC chairman Deepak Parekh said the boards of the Corporation and HDFC Bank will meet on June 30 to finalise the last contours of the merger which is expected to be effective July 1.. He has also said that would be the last meeting of HDFC board and also his as the chairman after working in the company from day on

MF distributors call upon Sebi to dial down total expense ratio cuts

Urge regulator to ensure MF distribution remains financially viable

Short term debt funds are in demand: Where should you park your funds?

The return of debt funds appears to be a reset of institutional allocation, as well as locking in higher rate

SIP accounts closures rise 7.4% to 1.42 mn month-on-month in May

The number of systematic investment plan (SIP) accounts being discontinued rose 7.4 per cent month-on-month to 14.19 lakh in May, despite the stellar inflow into mutual funds through the route. At the same time, the number of new SIP registration rose to 24.7 lakh last month from 19.56 lakh in April, implying fresh registration of over 5 lakh, data with the Association of Mutual Funds in India (AMFI) showed. The higher number of SIP registration than discontinuation shows investors' continued confidence in the route, DP Singh, Deputy MD and CBO at SBI Mutual Fund, said. This could also be due to an easy cancellation facility available through online modes, he added. Meanwhile, investors continued to park their money in mutual funds, with contributions in SIPs reaching a new high of Rs 14,749 crore last month, after a brief dip to Rs 13,728 crore in April. It was Rs 14,276 crore in March. This robust inflow has led to assets under management of SIP rising by five per cent to Rs 7.5

Strong investor flow lift-off puts mutual fund small-caps into orbit

Ownership in Nifty Smallcap 250 stocks rises from 7.67% to 8.67% in two years

State Bank of India, LIC, two other sponsors to dilute stake in UTI MF

According to sources, these entities have approached merchant bankers to advise on stake sales

India's m-cap touches new high amid sharp rally in broader markets

Combined market value of BSE-listed firms tops previous record made in December before settling lower

PNB, LIC, SBI and BoB looking to seek formal bids for stake sale in UTI AMC

These entities have already appointed merchant bankers to initiate the sale process in UTI AMC

Sebi may not waive holdings rule for MFs post HDFC Bank, HDFC merger

As per SEBI rules, a mutual fund scheme cannot invest more than 10% in a single security

Mutual funds may not get holdings waiver post HDFC Bank-HDFC merger: Report

As per SEBI rules, a mutual fund scheme cannot invest more than 10% in a single security. However, exchange-traded funds and funds that invest in particular sectors are exempt

Sebi introduces framework for direct mutual fund investment platforms

Opens doors for monetisation of platforms facilitating commission free MF investment

Sebi directs MF platforms to become execution-only to cut out distributor

Capital market watchdog Sebi on Tuesday introduced a regulatory framework for 'Execution Only Platforms' for direct plans of mutual fund schemes in a bid to protect the investors dealing in such schemes. The execution-only platform allows transactions in direct plans of mutual funds without the help of distributors. The new framework would be applicable from September 1, the Securities and Exchange Board of India (Sebi) said in its circular. Over the past few years, direct plans of mutual fund schemes have gained traction among investors as such schemes are cheaper compared to the regular plans, which include a commission paid to distributors. This resulted in mushrooming of several online platforms that provide the facility of investing in direct plans. Sebi noted that several entities including investment advisors and sock brokers are providing execution services, like the purchase and redemption of direct plans of mutual fund schemes, through the digital mode. Such platforms are